Breaking News: Italy Investigates $1.2 Billion in Assets Linked to Chinese Smuggling Scandal Uncovered

The Growing Influence of Cross-Border Fraud Recent revelations of cross-border fraud operations, such as the EUR 71.05 million case involving EU countries like Italy and China, highlight a pervasive issue in global trade. These fraudulent schemes, often facilitated through complex networks of shell companies and fictitious transactions, evade tax and customs duties. Beyond Borders: The … Read more

Dining Out Tax-Free: Here’s How to Enjoy 12% PPN Relief at Restaurants

Title: Dining Out in Jakarta: What You Need to Know About Restaurant Taxes In the vibrant city of Jakarta, dining out has become a staple for locals and visitors alike. But as you indulge in the culinary delights the city has to offer, understanding the tax landscape can help you make informed decisions. Here’s a … Read more

OJK Clarifies: Are Stock Transactions Subject to 12% VAT?

Title: OJK Clarifies Upcoming 12% VAT on Luxury Goods & Services; Impact on Capital Markets In a recent development, the Otoritas Jasa Keuangan (OJK) has provided clarity on the impending 12% value-added tax (PPN) set to be implemented on luxury goods and services starting January 2025. This new policy has. // // KEY POINTS // … Read more

The Fate of Prabowo’s PPN Batal Naik Program After Rp75T HANGUS Imbas

Headline: Indonesia Shelves PPN Hike, Losing Out on Rp75 Trillion in Revenue Subhead: Government scraps planned 12% VAT increase, impacting APBN 2025 and presidential programs Article: In a policy U-turn, the Indonesian government has abandoned plans to raise the value-added tax (VAT) or pajak pertambahan nilai (PPN) from 11% to 12% as of January 1, … Read more

Honda Brio Gets Boost with 12% PPN Reduction, Manufacturer Explains

Honda Brio Satya Braces for 12% PPN Hike: Price Increase Inevitable, Extra Perks Promised PT Honda Prospect Motor (HPM) has confirmed that the recently implemented 12% Value Added Tax (PPN) will indeed impact the pricing of the Honda Brio Satya. The company is currently reviewing the new tax rules to determine the final price of … Read more

Viral Shopping Receives 12% PPN: Tax Chief Finally Speaks Up

Headline: President Prabowo Clarifies PPN Hike: Only Luxury Goods Affected, Retailers to Refund Overcharges Article: Retail shoppers should not be Concerned about the 12% Value Added Tax (PPN) increase as of January 1, 2025 – at least not for now. President Prabowo Subianto has made it clear that this new tax rate only applies to … Read more

Former Finance Minister Sri Mulyani Urges Reduced PPN Rate to 12%

Title: GNB Urges Government to Reconsider PPN 12% Hike, Citing Marginalized Middle Class Jakarta, CNN Indonesia — The Gerakan Nurani Bangsa (GNB) has called upon the government not to burden the middle and lower-middle classes with a hike in the Value Added Tax (PPN) to 12% starting in 2025. This appeal was made by GNB’s … Read more

Prabowo Urges Reversal of PPN Hike to 12%, Here’s How to Make It Happen

** området Widespread protest and a petition signed by nearly 200,000 people have been sparked by plans to increase Value Added Tax (VAT) to 12% starting in 2025. The move, stipulated in Law No. 7 of 2021, or the Law on Tax Organization Harmonization (HPP), has drawn fierce opposition from citizens who argue that it … Read more

Understanding the 12% PPN on Rice: A Guideline for Consumers

Headline: Indonesia Spared From New PPN Rate; Rice Among Exempted Commodities Subheading: National Food Agency (NFA) assures consumers that staple food items, including locally produced rice, will not bear the increased 12% PPN rate. Article: In a recent announcement, the National Food Agency (NFA) has clarified that Indonesia’s staple food items, particularly locally produced rice, … Read more

Improved Title: "Prabowo’s Alternative: Slash Tax in This Sector, Not Boost PPN"

Headline: Indonesia‘s PPN Hike Sparks Opposition, Alternatives Proposed Subhead: Government plans to increase Value Added Tax (PPN) to 12% in 2025, but critics argue there are more equitable revenue-raising strategies. Indonesia’s government is considering a boost in Value Added Tax (PPN) from 11% to 12% starting 2025, as per the latest Harmonization of Tax Regulations … Read more